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    Microeconomics Study Set 40
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    (Table: Quantity Supplied and Quantity Demanded) Look at the Table
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(Table: Quantity Supplied and Quantity Demanded) Look at the Table

Question 78

Question 78

Essay

(Table: Quantity Supplied and Quantity Demanded) Look at the table Quantity Supplied and Quantity Demanded.Excess supply would exist in this market if a price floor equal to
________ was imposed in this market.
A.$5
B.$10
C.$15
A.$20

Correct Answer:

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